Newest Valley National Bank Promotions: Best Offers, Coupons and Bonuses June 2020

Valley National Bank has more than 200 locations throughout Alabama, Florida, New Jersey and New York. Potential customers can earn cash bonuses for opening new accounts, but many might not even be aware of them. A GOBankingRates survey found that most respondents don’t know about the promotions banks offer. Even those who do are unlikely to switch banks to earn a bonus, meaning they potentially miss out on hundreds of dollars of free cash.

If you’re interested in getting paid for your business, keep reading to learn about the latest Valley National Bank promotions.

Current Valley National Bank Promotions

The latest Valley National Bank promotions include cash offers when you open a checking account for adults, young adults and teens, and when you open a credit card account. Here’s the lowdown.

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Best Checking Account Promotions

Valley National Bank has some lucrative checking account bonuses on tap for June, none of which are hard to earn. Keep reading to learn more.

All Access Rewards Checking Account: $240 Bonus

Valley National Bank gives customers $240 in spending money over the course of a year after they open a new checking account. Here’s how to earn the bonus:

Cash value: $240

Minimum deposit to qualify: $100

Expiration date: None

How to get it: Open an Access Rewards Checking account and receive at least $750 per month in direct deposits. No Valley National Bank coupon code is necessary.

When you’ll get it: You’ll get $20 for every month you receive the minimum direct deposit, with the first bonus coming 35 days after the first direct deposit. In the event the deposits are discontinued, the $20-per-month bonus will stop.

Terms and conditions: Bank account transfers and branch or ATM deposits do not qualify as direct deposits.

My Choice Checking Account: $150 Bonus

Young adults can learn the value of money and how to manage it by opening a My Choice Checking account, which is specially designed for customers between the ages of 17 and 25. This account has one of the more generous Valley National Bank bonuses, letting you earn up to $150 in cash.

Here’s more:

Cash value: $150

Minimum deposit to qualify: $25

Expiration date: None

How to get it: Open a My Choice Checking account and then activate online and mobile banking. Next, choose paperless statements and make at least 20 $5 debit card transactions or complete three online bill payments within 60 days of opening the account.

When you’ll get it: The bonus will be deposited into your account within 90 days of account opening as long as you meet the requirements.

Terms and conditions: Must be between the ages of 17 and 25; applicants 18 or older can apply online.

Visa Signature College Real Rewards Credit Card: $25 Value

This cards gives you 1.5 points for every dollar you spend and offers a 0% introductory annual percentage rate for the first six billing cycles. You also get 2,500 bonus points, a $25 value, for making your first purchase.

Here are the details:

Cash value: $25

Minimum spend to qualify: One purchase

Expiration date: None

How to get it: Apply and get approved for the card and then make a purchase.

When you’ll get it: Within six to eight weeks of making your first purchase

Terms and conditions: You must be at least 18 years old and have a U.S. address and Social Security number.

How To Open a Valley National Bank Account

You can open a Valley National Bank account at a local branch or online, but the process is faster on the bank’s website. According to Valley National, the online application can be completed in just 10 minutes. You’ll need to register and set up your online banking login credentials by creating a user ID and password. Here are some other things you’ll need to provide:

Email address

Contact information

Social Security number

Government-issued photo ID such as a driver’s license, state or military ID, or passport

A debit or credit card number to fund the account or a current bank’s account number and routing number to transfer funds.

How Much Money Will Valley National Bank Give You for Opening an Account?

Valley National’s June promotions let you earn more than $200 for opening one type of checking account and $150 for opening another — and neither requires much in the way of minimum deposits or spending requirements. Teens can earn $25 for opening their first checking accounts.

If you have good enough credit to get approved for the credit card bonuses, one of them can put an extra $100 in your pocket, while the others will earn you $25 each. In the event that your credit history is limited or has some blemishes, take steps to improve your credit before seeking one of the current credit card bonuses.

Information on promotions is accurate as of May 29, 2020. Additional requirements may apply. Offers and terms are subject to change.

This content is not provided by Valley National Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Valley National Bank.

This article has been updated with additional reporting since its original publication.

Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.